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IDB and CEB Sign First-Ever Non-U.S.-Dollar Exposure Exchange Agreement for €500 million to Scale Development Financing

France, June 30 -- The Inter-American Development Bank (IDB) and the Council of Europe Development Bank (CEB) signed today in Paris, in the margins of the meeting of the Heads of Multilateral Developm... Read More


IDB and Education Above All Foundation Renew Partnership to Advance Education, Economic Growth

Spain, June 30 -- The Inter-American Development Bank (IDB) and Education Above All (EAA) Foundation signed a new agreement to strengthen collaboration and explore new areas of joint work in education... Read More


Johannes Zutt Appointed World Bank Vice President for South Asia

United States, June 30 -- The World Bank has appointed Johannes Zutt as the new Vice President for the South Asia Region, succeeding Martin Raiser. His appointment is effective from July 1, 2025.As th... Read More


World Bank Supports Road Improvement to Strengthen Rural Connectivity in Guatemala

Guatemala, June 30 -- The World Bank Group's Board of Executive Directors approved a new operation to improve road infrastructure in Guatemala's Highlands, the Verapaces, and the Dry Corridor. The pro... Read More


World Bank's New Division Director for Bangladesh and Bhutan Starts from Tomorrow

Bhutan, June 30 -- Jean Pesme starts today as the World Bank's new Division Director for Bangladesh and Bhutan.Pesme brings a wide range of development experience to the job, including a track record ... Read More


World Bank Appoints New Country Director for Pakistan

Pakistan, June 30 -- Ms. Bolormaa Amgaabazar is the new World Bank Country Director for Pakistan effective July 1. She is succeeding Mr. Najy Benhassine in this role. Ms. Amgaabazar, a Mongolian natio... Read More


World Bank's New Division Director for Bangladesh and Bhutan Starts Tomorrow

Bangladesh, June 30 -- Jean Pesme starts tomorrow as the World Bank's new Division Director for Bangladesh and Bhutan.Pesme brings a wide range of development experience to the job, including a track ... Read More


Signing of Japanese ODA Loan Agreement with Bangladesh

Bangladesh, June 30 -- On June 27, the Japan International Cooperation Agency (JICA) signed a loan agreement with the Government of the People's Republic of Bangladesh in the capital city Dhaka, to pr... Read More


Turkiye's Earthquake Recovery Gets Boost Via $100 million Digital Bond

Turkey, June 30 -- Turkiye ?? Bankas? A.?. (??bank), the largest private bank in the country, has received a $100 million investment from IFC for its digitally native note (DNN) issuance. This investm... Read More


IFC and Asian Credit Fund Announce Strategic Partnership to Increase Access to Finance in Kazakhstan

Kazakhstan, June 30 -- International Finance Corporation (IFC), a member of the World Bank Group and Asian Credit Fund (ACF), one of the leading microfinance institutions in Kazakhstan, are pleased to... Read More